NCC Ltd has won a significant contract worth ₹1,076.71 crore to supply drinking water in Andhra Pradesh. The order was received from the Rural Water Supply and Sanitation Department of Visakhapatnam and is part of the Multi Village Scheme on the Yeleru Reservoir for the Anakapalli Segment in Anakapalli District. This project is expected to be completed within 24 months.
- NCC Ltd accepted the Letter of Acceptance (LoA) on September 26, 2026.
- The order is valued at ₹1,076.71 crore excluding GST.
- The project involves supplying drinking water under the Multi Village Scheme on Yeleru Reservoir.
- The execution period for the order is 24 months.
- NCC also secured three other orders worth ₹430.19 crore in August 2026.
- The company reported a 12.6% increase in net profit for Q1 FY27.
- Revenue from operations rose 12.2% year-on-year in the same quarter.
What is the scope of the drinking water supply order?
The order involves supplying drinking water under the Multi Village Scheme on the Yeleru Reservoir, specifically targeting the Anakapalli Segment in Anakapalli District, Andhra Pradesh. This project aims to improve water availability and sanitation in multiple villages within the region.
How significant is this order for NCC Ltd?
This order, valued at over ₹1,076 crore, is a major contract for NCC Ltd and reflects the company's strong presence in infrastructure projects related to water supply. It adds to the company's portfolio of diversified activities including buildings, transportation, water and environment, mining, and railways.
What other recent orders has NCC Ltd secured?
In August 2026, NCC Ltd secured three orders totaling ₹430.19 crore. These orders were related to the buildings division and were received as part of the company's normal business operations.
How has NCC Ltd performed financially recently?
For the quarter ended June 30, 2026 (Q1 FY27), NCC Ltd reported a consolidated net profit of ₹216.4 crore, marking a 12.6% increase compared to ₹192.14 crore in the same quarter the previous year. Revenue from operations also increased by 12.2% year-on-year, reaching ₹5,812 crore.
What is the current market status of NCC Ltd?
Despite the recent contract wins and financial growth, NCC's stock price has declined by 4% in the past week and 12% over the past month. Year-to-date, the stock has fallen more than 19%. The company’s market capitalization stood at ₹8,180.21 crore as of September 28, 2026.
Frequently Asked Questions
Q: What is the duration of the drinking water supply project?
A: The project is expected to be completed over a period of 24 months.
Q: Which government department awarded the contract to NCC Ltd?
A: The contract was awarded by the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.
Q: How has NCC Ltd's profit changed recently?
A: NCC Ltd reported a 12.6% increase in consolidated net profit for the quarter ended June 30, 2026, compared to the same period the previous year.
